£1,081,653
This estimated value is based upon the latest sale price for the house of £645,000 on 18 Nov 2006. This value is then adjusted by the current Official House Price Index for HERTFORDSHIRE 1
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Orion House, Bessemer Road, Welwyn Garden City, AL7 1HH
Phone: 01707684986
| Price Paid | Date |
|---|---|
| £645,000 | 18 Nov 2006 |
| £595,000 | 29 Aug 2003 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for HERTFORDSHIRE to estimate the market value.
When this house was purchased in November 2006 the House Price Index for HERTFORDSHIRE was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.698%.Applying this 67.698% change to the original purchase price of £645,000 results in an estimated price of approximately £1,081,653.
| 18 Nov 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.6 | 67.698 % | £645,000 | £436,653 | £1,081,653 |
The Postcode Pricing Model uses changes in average sales price within the AL6 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -24.859 % | £-160,339 | £484,660 |
| 3 Month Average | 29.986 % | £193,407 | £838,407 |
| 6 Month Average | 93.294 % | £601,746 | £1,246,746 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £758,267 | £745,000 | 10 WOODSIDE ROAD |
| 29 Sep 2023 | £855,944 | £845,000 | 6 STATION ROAD |
| 1 Aug 2022 | £877,638 | £880,000 | 42A HERTFORD ROAD |
| 22 Apr 2022 | £653,922 | £635,000 | 18 WARREN WAY |
| 12 Apr 2022 | £751,753 | £730,000 | 3 HAZEL CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Douglas Close |
| Dec 2023 | Possession of weapons | Under investigation | On or near Douglas Close |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Honeymead |
| Feb 2024 | Anti-social behaviour | On or near Colyer Close | |
| Feb 2024 | Anti-social behaviour | On or near Colyer Close |